Word: japanned
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...this be avoided? You have to have a set of concerted, coherent policies done not just by the U.S. but by Europe, Japan, China and everyone else. The credit crunch is just massive. One thing that's needed is much more aggressive monetary easing. The second dimension is that you need much more fiscal stimulus - in the countries that can afford it - that is front-loaded. The U.S. [stimulus package] is $800 billion, but only $200 billion is front-loaded. Of that $200 billion [in stimulus] this year, half of it is tax cuts. That's going...
...could have imagined that Japan, the second largest economy in the world, would contract at a rate of nearly 13% on an annualized basis or that Korea's economic output could drop 20%. In the U.S., the GDP is shrinking at a rate of 6% now, but there is nothing in the economic or employment news that keeps us from believing that America will avoid a double-digit drop in GDP If the U.S. skids at that rate, the other large economies in the world, all of which depend on the American consumer to some great degree, will have...
...live in Pleasantville, New York, up in Westchester County, and Bob Fuhrer, the president of the Nextoy company, lives in Chappaqua, right next door. He's been a toy and game agent for years, and he had acuired the rights to KenKen outside of Japan. He was looking for a way to jumpstart the puzzle and he found out I lived nearby and he called me. So I said I'd take five minutes to talk to him, and he explained the puzzle. I tried one: liked it. I tried another: liked it. I asked him to leave a book...
...Asia offered no joy either. Manufacturing data released Monday made it clear the global recession was undermining the previously robust Chinese economy. It wasn't the only one suffering. Japan reported a steep drop in car sales, while South Korea said it was experiencing the same kind...
...more hospitalizations than infection with nonresistant strains. The study also finds that the resistant strain did not arise from overuse of Tamiflu; in fact, during the past flu season, the resistant strain was found widely in countries with low Tamiflu use, like Norway, but less commonly in places, like Japan, where Tamiflu use is high. If overuse had played a role in the emergence of the resistant strain, health officials might have recommended that clinicians restrict prescriptions of the drug. Instead, it appears that the drug-resistant strain mutated on its own. "Flu viruses mutate all the time," says...